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ISLAMABAD:
Australia’s High Commissioner in Pakistan, Neil Hawkins, celebrated Australia Day in the spring season with a vibrant reception to mark the enduring ties between Australia and Pakistan.
In his address on the occasion, Hawkins emphasised the historical ties of over 160 years and the shared ambition to capitalise on the dynamism in the two…
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LONDON:
Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in US stocks and bonds as stubborn inflation causes bets on the timing of Federal Reserve interest rate cuts to be revised.
April was a washout on Wall Street, with the S&P 500 share index and US Treasuries…
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ISLAMABAD:
Federal Finance Minister Muhammad Aurangzeb announced on Friday that Pakistan will introduce Panda bonds worth $300 million into the Chinese market this year.
According to details, the finance minister stated that Pakistan will enter the Chinese markets for bond sales for the first time. Initially, bonds worth between $250 to $300 million will…
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ISLAMABAD:
Federal Minister for Finance and Revenue Muhammad Aurangzeb said on Friday that he was keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year.
In an interview with Bloomberg on Friday, the minister said, selling Yuan-denominated debt would allow Pakistan to diversify its…
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Pakistan has decided to sell $300 Panda bonds in Chinese markets, announced Finance Minister Muhammad Aurangzeb in an interview with Bloomberg on Friday.
China has the “second-largest and deepest bond market in the world” and it is the “right thing to do for the country” to tap the market, given Pakistan has already sold…
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MUMBAI:
Most dollar bonds of Adani Group companies fell to their lowest level in two months on Monday following a report indicating that US prosecutors have widened their investigation of the conglomerate to examine potential bribery.
Shares of all 10 groups and related companies also fell over 5% in early trading in India, with…